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Lloyds Bank, Plc.(Paraguay)

$10 million
Project Brief
Not Active

In MIGA's first guarantee in Paraguay, the Agency issued a $10 million guarantee against expropriation, transfer restriction, and war and civil disturbance risks to Lloyds Bank, Plc. oft he United Kingdom for a loan to expand the lending operations of its subsidiary. The additional funding will Lloyds Paraguay to increase its medium-term U.S. dollar lending, mainly to companies in the automotive and textile industries.